Abstract:
A probabilistic extension of Lagrange's barycentric identity is proved and
used to provide new insights into the mechanism of Jensen's inequality. In
particular, it is shown that every instance of Jensen's inequality comes
from an identity.
Key Words: Jensen's inequality, Lagrange's algebraic
identity, convex function, barycenter of a measure.
2000 Mathematics Subject Classification: Primary: 26B25;
Secondary: 26D15.
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